LGHT vs SCHX
Langar Global Healthtech ETF vs Schwab US Large-Cap ETF
Which is better, LGHT or SCHX?
SCHX has been ahead.
SCHX has a lower expense ratio. SCHX led over 1Y and the full window. SCHX is less concentrated, with 36.9% of the fund in its ten largest positions against 75.5%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | LGHT | SCHX |
|---|---|---|
| Expense Ratio | 0.85% | 0.03%Best |
| AUM | $2M | $75.3B |
| Dividend Yield | 0.00% | 1.04% |
| Holdings | 32 | 752 |
| YTD Return | +12.20% | +13.46%Best |
| 1Y Return | +11.48% | +16.47%Best |
| 3Y Return (annualized) | - | +22.38% |
| 5Y Return (annualized) | - | +12.48% |
| Volatility (annualized) | 17.9% | 11.9%Best |
| Max Drawdown | -28.6% | -19.0%Best |
| $10,000 over 2.8 years | $11,023 | $16,766Best |
| Top 10 Weight | 75.5% | 36.9%Best |
| Fund Family | Langar Investment Management | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Jan 10, 2024 | Nov 3, 2009 |
Volatility and max drawdown, and the $10,000 over 2.8 years row, are measured over the window both funds cover: Jan 10, 2024 to Oct 15, 2026 (2.8 years).
LGHT vs SCHX growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 2.8 years both funds cover.
LGHT vs SCHX Performance
Langar Global Healthtech ETF (LGHT) is an ETF from Langar Investment Management and Schwab US Large-Cap ETF (SCHX) is an ETF from Charles Schwab Asset Management. Over the past year LGHT returned +11.48% while SCHX returned +16.47%. Year to date, LGHT is up 12.20% versus a gain of 13.46% for SCHX.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
LGHT has been the more volatile fund, with annualized monthly volatility of 17.9% compared with 11.9% for SCHX. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -28.6% for LGHT and -19.0% for SCHX. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.41. They move together some of the time, and apart the rest.
Fees and Cost Over Time
LGHT charges 0.85% per year while SCHX charges 0.03%. On a $10,000 position that is $85 vs $3 annually, a gap of $82 per year that compounds over a long holding period. On income, LGHT currently yields 0.00% against 1.04% for SCHX.
Holdings Overlap
71.6% of LGHT's money is in holdings SCHX also owns. 0.6% of SCHX's money is in holdings LGHT also owns.
Most of LGHT is already inside SCHX. Owning both mostly buys the same companies twice.
10 positions in common, counted across the 31 positions we hold weights for in LGHT and 752 in SCHX, against full books of 32 and 752.
What only one of them owns
Our book lists 719 positions for SCHX that do not appear in our book for LGHT (98.6% of the fund), and 17 for LGHT that do not appear in SCHX (17.5%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in LGHT | Weight in SCHX | Difference |
|---|---|---|---|
| MRNAModerna therapeutics | 14.85% | 0.10% | 14.75% |
| VEEVVeeva Systems Inc | 9.35% | 0.06% | 9.29% |
| RMDResmed Inc. | 8.98% | 0.04% | 8.94% |
| IQVI Q V I A Holdings Inc. | 8.63% | 0.06% | 8.57% |
| ISRGIntuitive Surgical Inc. | 8.10% | 0.20% | 7.90% |
| GEHCGe Healthcare Technologies Inc | 6.38% | 0.04% | 6.34% |
| DXCMDexcom Inc. | 5.67% | 0.05% | 5.62% |
| PODDInsulet Corporation | 3.37% | 0.01% | 3.36% |
| ZBHZimmer Biomet Holdings | 3.15% | 0.02% | 3.13% |
| ALGNAlign Technology Inc. | 3.12% | 0.01% | 3.11% |
71.6% of LGHT is already inside SCHX.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, LGHT or SCHX?
LGHT has an expense ratio of 0.85% while SCHX charges 0.03%. SCHX is the cheaper option, by $82 a year on a $10,000 investment.
Which performed better, LGHT or SCHX?
Over the past year LGHT returned +11.48% vs +16.47% for SCHX, so SCHX leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, LGHT or SCHX?
LGHT has been the more volatile fund at 17.9% annualized versus 11.9% for SCHX. Worst drawdown: LGHT -28.6% vs SCHX -19.0%.
Should I hold both LGHT and SCHX?
LGHT and SCHX have a monthly-return correlation of 0.41, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between LGHT and SCHX?
71.6% of LGHT's money is in holdings SCHX also owns. 0.6% of SCHX's is in holdings LGHT also owns. They hold 10 positions in common, counted across the 31 positions we hold weights for in LGHT and 752 in SCHX.
Which pays a higher dividend, LGHT or SCHX?
LGHT yields 0.00% while SCHX yields 1.04%, so SCHX currently pays the higher dividend yield.
Is SCHX better than LGHT?
SCHX has a lower expense ratio. SCHX led over 1Y and the full window. SCHX is less concentrated, with 36.9% of the fund in its ten largest positions against 75.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.